BABA is breaking an important resistance, tested 4 times since late July. It Opened above resistance, and is growing with above daily average volume . Great risk reward ratio entering position entering a position at $181, sell around $195.
Using the FOMC tool, we see a: 25 basis points rate-cut --> 58.8% NO rate-cut --> 41.2% To get these rates: www.cmegroup.com Tomorrow's volatility will surely grow, even if the FOMC cuts rates; with these percentages, we can expect J. Powell to suggest no more cuts in the future. You can also expect Trump to fight this, hard. **FOMC meeting to take...
There are mixed signals, with OBV not following the same uptrend as the RSI. If we break this resistance with above average volume, that would be a great signal.
HEI has been on a steady uptrend since late May 2019. On September 9th, It dropped 20%+ aggressively in 3 days. To land on the 61.8% fibonacci retracement line. (Pullback?) It is currently breaking the 50% level with above average volume....
As the market uncertainty is growing, and with the Fed meeting tomorrow Wednesday September 18th. Investors rotated out of growth, to value stocks. But paying about $100 for OKTA shares might be an excellent option, with a RRR of 5:1.
Technical analysis We see a divergence between the OBV indicator with a downtrend since august. (short-time bear) Heavy resistance will probably be tested soon around $90 . / check chart for more details
Technical Analysis On June 20th, we started and important channel, and we are back at this level at $55.5 Since this date, we have a slight RSI upward trend, with an even bigger OBV uptrend. Fibonacci retracement level at 50% Important dates Earnings will be announced Thursday September 12th, after the close.
On a daily chart, the Russell is looking great, however, on the weekly chart shown above. The Russell is reaching a resistance on what we can see is a downtrend of lowers highs, and lower lows . Take profits and protect your gains. This is a very bearish flag.
As shown in the chart, we are testing a heavy resistance tested multiple times. Technical indicators are showing mostly consolidation. If I were thinking of getting into a position, I would wait. If I had Alibaba stock, I would strongly consider taking profits (selling 50% +) Obviously breaking this resistance would be an important step towards a strong uptrend.
News Corp is breaking resistance @$14.4. Depending on how it closes this week, we could see a good trade coming up. RSI and OBV point to the trend going upward.
Fundamental analysis In one of the first state opioid cases, an Oklahoma judge ruled against Johnson & Johnson, awarding the state $572 million, well below the over $17 billion the state was seeking in damages. Meaning... out of the 17 billion, they lost only 3.36%, and they expect to appeal the case, probably lowering this amount. Technical analysis On a...
There is a critical support range from $20-25 Risk-Reward-Ratio above > 5:1 . Analyst note: Shares now trade nearly 50% below our fair value estimate, as the lack of profitability continues to weigh on the market price. However, we think focusing on profitability this early in the company’s and industry’s evolution is misguided.
Technicals analysis WEEKLY Davita broke a downtrend channel, and is now in a consolidation above the 200SMA. (Bull) 50SMA is now crossing above the 200SMA. (Bull) OBV and RSI show divergence, as they have moved in oposite directions since early August. (Short). However... on a daily chart , we see a decent uptrend since early June. Headlines /...
J. C. Penney Company, Inc. is an American department store chain with 865 locations. It is a micro-cap @$187million. This upcoming earnings, this companies fate will be decided as the street awaits details of long-term plan. If the stock remains below $1 for a period of 30 consecutive business days, they will face delisting from the NYSE market. JCP...
GE, America's sweetheart has been accused of fraud allegations before. This time though, it's by the same person who did it on the Madoff Scheme (Harry Markopolos) Markopolos’ main points of contention are: 1) GE’s insurance obligations are woefully under-reserved and it has been lying to the Kansas Insurance Department 2) GE shouldn’t have consolidated BHGE’s...
Technicals There has been no divergence with RSI and the OBV and trade price. They are steadily growing. ----> BULL DI+>DI- (positive directional index just crossed above the negative) ---> BULL MACD>MACsignal (MACD just crossed above the signal) -----> BULL Fundamentals Alibaba reported earnings yesterday (Aug15th) continued positive non-GAAP...
VTR is real estate investment trust (REIT). The technicals are great (check chart). Market analysis: Generally after an inversion in a yield curve , the following sectors tend to outperform the market: XLU (Utilities) XLRE (Real Estate) XLP (Consumer Staples) The following tend to underperform : XLK (Technology) XL (Industrials) XLB (Materials)
With all of the market uncertainties (trade war, cutting rates), gold is profiting heavily. We are seeing a very nice flag, with bounce-back at support. Analysis in chart.